Is Aksarben / Elmwood, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aksarben / Elmwood is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Aksarben / Elmwood has remained a Seller's Market.

Key Takeaway

Aksarben / Elmwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Aksarben / Elmwood, NE

How much do homes in Aksarben / Elmwood, NE cost?

Median Sold Price

$285,000

$152/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$20,000(+7.5%)

Key Takeaway

Homes in Aksarben / Elmwood have sold for 7.5% more than they did a month ago.

Summary: The median home sold price in Aksarben / Elmwood was $285,000 in November 2024, up 7.5% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $260K$262.4K
+1.0%
3 $305.5K$288.5K
-5.6%
4 --
N/A
5+ --
N/A

Summary: Aksarben / Elmwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Morton Meadows
+8.2%
Aksarben / Elmwood
+7.5%
South Omaha
+2.1%
Midtown Omaha
-16.2%

Housing Supply in Aksarben / Elmwood, NE

How many homes are available in Aksarben / Elmwood, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2420-16.7%

Summary: The Aksarben / Elmwood real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 104
-60.0%
3 1213
+8.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Aksarben / Elmwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aksarben / Elmwood, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Aksarben / Elmwood in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Aksarben / Elmwood, NE

How long does it take to sell a home in Aksarben / Elmwood, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days19 Days+96.5%

Summary: Homes in Aksarben / Elmwood had an average of 19 days on market in Nov 2024, up by 96.5% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aksarben / Elmwood are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Aksarben / Elmwood; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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